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Tag Archives: Ian McAuley
There was a recent flurry of media excitement about a supposed “secret hospital funding plan”, which turned out to be no more than an option under consideration by a think-tank. But the real (and overlooked) issue in health funding is … Continue reading
Ideologues ,the self interested bankers and accountants and lawyers still persist with their fixation with privatisation despite the fact that it is failing in one area after another and the electorate shows very clearly that it does not want it. … Continue reading
There are many local factors explaining the comparative fortunes of Theresa May’s Conservative Party and Jeremy Corbyn’s Labour Party in last week’s UK election. Issues around Brexit are unique to the UK, and May’s campaign was inept. But Corbyn’s comparative … Continue reading
Rather than capricious and populist measures such as the government’s levy on the big five banks, we need a thorough and far-ranging consideration of the role of the finance sector in our economy. This sector, which should have benefited from … Continue reading
There is nothing novel about Treasurer Morrison’s discovery that government debt is all OK provided it’s applied to funding useful assets. But it may be an indication that the government is disillusioned with monetary policy as a means of stabilising … Continue reading
The Commonwealth’s budget has a Keynesian boost for a sluggish economy, and is based on an optimistic, or even heroic, assumption that economic growth will deliver a fiscal surplus within a few years. We have heard similar claims from treasurers, … Continue reading
Every year the Australian Competition and Consumer Commission reports on competition and consumer issues in private health insurance (PHI), and recent reports show increasing consumer dissatisfaction with PHI. Most complaints relate to unexpected charges when claims are made and confusion … Continue reading
The political future of Kelly O’Dwyer, Minister for Revenue and Financial Services (presently on maternity leave) is uncertain, as Liberal Party members in her electorate move to disendorse her. On one level this conflict can be seen as the shenanigans … Continue reading
Most commentators on the crisis in housing affordability correctly attribute the problem, in part, to the Howard Government’s decision in 1999 to “halve the taxation of capital gains”. But that was only one aspect of the 1999 change: the other … Continue reading
The simple explanation behind the Commonwealth’s proposal to cut corporate taxes is in terms of a struggle between the interests of business and of the broader community, but it is also about the Coalition’s determination, under pressure from vested interests, … Continue reading
IAN McAULEY. The National Electricity Market: What happens when economists get involved with electricity
John Menadue has asked me to write about the National Electricity Market – the NEM. I should be qualified to do that: my first degree and my first years of professional work were in electrical engineering and in my later … Continue reading
The WA Government’s proposal to privatise Western Power – the government-owned electricity utility – was one of the factors contributing to the extraordinary anti-Liberal swing in Saturday’s Western Australia election. Privatisation of electricity has also been an issue in the … Continue reading
IAN McAULEY. South Australia’s Electricity Problems: Jay Weatherill Should Follow The Coalition’s Example
Spare a thought for the people of South Australia. Large parts of Adelaide blacked out for up to 18 hours without notice. Trams stopped in their tracks across busy intersections. A bitter and partisan debate in state parliament about responsibility … Continue reading
John Menadue – introduction to Ian McAuley Series. Many have been surprised and even horrified by the Brexit and Trump results. These events are likely to be followed by similar outcomes in elections in other countries this year. Serious issues … Continue reading
It would be hasty to attribute the Brexit and Trump votes to a “swing to the right”, or to an ill-informed electorate. The most compelling explanations are in terms of protest votes. People’s anger of electorates has given an opening … Continue reading
Globalization has been only one of the developments that has led to widening inequality and social exclusion. Countries that have globalized have also introduced a raft of neoliberal domestic policies, against which people are reacting.
We have lost trust in our governments and in mainstream political parties. Politicians, the media and corporate interests have been responsible for alienating governments from the people who elect them, creating fertile ground for populists.
A turning point in Australian political life was the 2013 election when Abbott set about destroying what remained of trust in government and of trust in social and political institutions, including traditions of dispassionate and objective inquiry.
We have many hard issues to confront but our present political elites are adept at avoiding them. It’s futile and dangerous to wait for a “leader” who will solve our problems. The task of leadership is one that falls on … Continue reading
Ian McAuley argues that it has not been globalisation and trade that has been the biggest factor displacing jobs in manufacturing. It has been automation.
There’s ever reason to believe Donald Trump policies will hurt Australia. But there’s some important differences and insulation. Trump’s election has energised Australia’s far right. Abbott, Abetz, Bernardi, Canavan, Christiansen and Hanson have all said, in one way or another, that … Continue reading
We’re not sure who first said “history doesn’t repeat itself, but it does rhyme”, but it’s an apt reminder of the similarities between the forces that have propelled Trump into the US presidency, and the forces that brought Germany’s National … Continue reading
Rescuing globalisation from cheer leaders and populists. If we cannot make globalisation work for all, in the end it will work for none. Kofi Annan Last week John Menadue raised the issue of globalisation, welcoming comment from other people in … Continue reading
An overwhelming majority of Australians support a Royal Commission into the finance sector. Ian McAuley explains why. We’re paying too much for a bloated financial service sector.A prominent example is Australia’s largest health insurer, Medibank Private, which in the last … Continue reading
In the recent election Labor had fine words on health care – “Labor will ensure that access to health care is determined by your Medicare card, and not your credit card” – but in reality its policy proposals, if … Continue reading
The PHI industry continues to make two invalid assumptions about private health care. The first is that governments are intrinsically high cost and bureaucratic and that the private sector is unquestionably more efficient. This is patently not true. The least … Continue reading